An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $7,096,730.00 and will be sold for $1,726,657.00 at the end of the project (End of the 4th year). If the tax rate is 37.00%, what is the after-tax salvage value of the asset
Answers: 1
Business, 22.06.2019 14:00, breana758
Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $
Answers: 3
Business, 22.06.2019 17:00, whitakers87
Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
Answers: 2
Business, 22.06.2019 21:00, lathwkuster
Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.
Answers: 1
An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset...
Mathematics, 06.11.2020 22:50
English, 06.11.2020 22:50
Mathematics, 06.11.2020 22:50
Mathematics, 06.11.2020 22:50
Mathematics, 06.11.2020 22:50
Social Studies, 06.11.2020 22:50